Data Security Breach Avoidance

ImmVRse has taken applicable procedures against unauthorised or unlawful processing and against accidental loss, destruction of or damage to the token, personal data, including a breach of the token sale contract address. ImmVRse has invested thousands of pounds in order to protect our investor’s funds. Incidents may occur within two periods of time:

During ICO

Post ICO

We have also allocated 10% of the operation funds to security experts and developers dedicated to protecting user data and up-time guarantee. Following steps have been taken in order to avoid breaches:

Token sale event is administered through fully secured platforms, only one person will have access to the contract address in order to monitor and process funds

Disclaimer: ImmVRse will take actionable measures to protect user data, information and investor funds to protect those against cyber criminals. However, minor security threats at times may not lead to a major investigation. Our clients and investors are warned through ToS that the if any funds are stolen from their personal wallets, it will not be our responsibility. It is client’s responsibility to purchase a cold storage, a hardware wallet and utilise cold storage and to securely accumulate the token. However, any incident that directly affect this website and distresses app functioning will be monitored and eventually lead to a major investigation.

Major Breach Containment and Recovery

Breach investigator ensures appropriate steps are taken to examine the incident and undertake necessary procedure

Rapid deployment of new contracts and relocating funds into new contracts

Isolating or closing a compromised section of the network protocol

Prompt information distribution on scam address in order to blacklist on public explorer (ethplorer.io and etherscan)

Immediately announcement rollout to stop bleeding any further investor funds

If necessary, appropriate steps to refund investors who have already purchased tokens using stolen contract

Post ICO – development funds will be transferred and securely stored on corporate bank accounts in order to avoid hacks

Where appropriate, informing the police in case of a cyber hack

Notification To Investors

In case of an incident, ImmVRse team has necessitated notifying investors and users. Our investors and users will be informed straight away about a security breach. The announcement will have a clear purpose, whether this is to enable individuals who may have been affected to take measures to protect themselves or to allow the appropriate regulatory bodies to perform their functions, provide advice and deal with complaints.

Notes

This guidance will be reviewed and considered from time to time, in line with new decisions of the Information Commissioner Office and the UK government. ImmVRse is registered under Information Commissioner’s Office, and a registered entity under the trading name of VRtualise Ltd, registration number ZA246772. For more information, please contact us, or for more information, please read our token sale Terms of Sale. More documents will be released prior to the ICO.

ImmVRse may retain the right to freeze IMVs token in user addresses, therefore any address which might be deemed as scam will be blacklisted and tokens in that address might be frozen and reported to the relevant explorer/authority to flag the address as a scam.